( h ) ( 2 )
SCHEDULE A
PROSHARES TRUST EXPENSE LIMITATION AGREEMENT
Period:
October 1, 2024 – September 30, 2025
Fund Name |
Expense Limit |
ProShares Ultra S&P500 |
0.95% |
ProShares Ultra MidCap400 |
0.95% |
ProShares Ultra Dow30 |
0.95% |
ProShares Ultra QQQ |
0.95% |
ProShares Short S&P500 |
0.95% |
ProShares Short MidCap400 |
0.95% |
ProShares Short Dow30 |
0.95% |
ProShares Short QQQ |
0.95% |
ProShares UltraShort S&P500 |
0.95% |
ProShares UltraShort MidCap400 |
0.95% |
ProShares UltraShort Dow30 |
0.95% |
ProShares UltraShort QQQ |
0.95% |
ProShares Ultra Russell2000 |
0.95% |
ProShares Ultra SmallCap600 |
0.95% |
ProShares Ultra Materials |
0.95% |
ProShares Ultra Consumer Staples |
0.95% |
ProShares Ultra Consumer Discretionary |
0.95% |
ProShares Ultra Financials |
0.95% |
ProShares Ultra Health Care |
0.95% |
ProShares Ultra Industrials |
0.95% |
ProShares Ultra Energy |
0.95% |
ProShares Ultra Real Estate |
0.95% |
ProShares Ultra Semiconductors |
0.95% |
ProShares Ultra Technology |
0.95% |
ProShares Ultra Communication Services |
0.95% |
ProShares Ultra Utilities |
0.95% |
ProShares Short Russell2000 |
0.95% |
ProShares Short SmallCap600 |
0.95% |
ProShares Short Financials |
0.95% |
ProShares Short MSCI EAFE |
0.95% |
ProShares Short MSCI Emerging Markets |
0.95% |
ProShares UltraShort Russell2000 |
0.95% |
ProShares UltraShort SmallCap600 |
0.95% |
ProShares UltraShort MSCI EAFE |
0.95% |
ProShares UltraShort MSCI Emerging Markets |
0.95% |
ProShares UltraShort MSCI Japan |
0.95% |
ProShares UltraShort FTSE China 50 |
0.95% |
|
( h ) ( 2 ) |
Fund Name |
Expense Limit |
ProShares UltraShort Materials |
0.95% |
ProShares UltraShort Consumer Staples |
0.95% |
ProShares UltraShort Consumer Discretionary |
0.95% |
ProShares UltraShort Financials |
0.95% |
ProShares UltraShort Health Care |
0.95% |
ProShares UltraShort Industrials |
0.95% |
ProShares UltraShort Energy |
0.95% |
ProShares UltraShort Real Estate |
0.95% |
ProShares UltraShort Semiconductors |
0.95% |
ProShares UltraShort Technology |
0.95% |
ProShares UltraShort Utilities |
0.95% |
ProShares UltraShort 7-10 Year Treasury |
0.95% |
ProShares Short 20+ Year Treasury |
0.95% |
ProShares UltraShort 20+ Year Treasury |
0.95% |
ProShares Ultra MSCI Emerging Markets |
0.95% |
ProShares Ultra MSCI EAFE |
0.95% |
ProShares Ultra MSCI Japan |
0.95% |
ProShares Ultra FTSE China 50 |
0.95% |
ProShares UltraShort FTSE Europe |
0.95% |
ProShares UltraShort MSCI Brazil Capped |
0.95% |
ProShares UltraPro S&P500 |
0.95% |
ProShares UltraPro Short S&P500 |
0.95% |
ProShares Short FTSE China 50 |
0.95% |
ProShares Short Real Estate |
0.95% |
ProShares Ultra 20+ Year Treasury |
0.95% |
ProShares Ultra 7-10 Year Treasury |
0.95% |
ProShares Ultra MSCI Brazil Capped |
0.95% |
ProShares Ultra FTSE Europe |
0.95% |
ProShares UltraPro Dow30 |
0.95% |
ProShares UltraPro QQQ |
0.95% |
ProShares UltraPro Russell2000 |
0.95% |
ProShares UltraPro MidCap400 |
0.95% |
ProShares UltraPro Short Dow30 |
0.95% |
ProShares UltraPro Short QQQ |
0.95% |
ProShares UltraPro Short Russell2000 |
0.95% |
ProShares UltraPro Short MidCap400 |
0.95% |
ProShares Ultra Nasdaq Biotechnology |
0.95% |
ProShares UltraShort Nasdaq Biotechnology |
0.95% |
ProShares Ultra High Yield |
0.95% |
ProShares Short High Yield |
0.95% |
ProShares Short 7-10 Year Treasury |
0.95% |
ProShares Hedge Replication ETF |
0.95% |
ProShares UltraPro Short 20+ Year Treasury |
0.95% |
ProShares Merger ETF |
0.75% |
Fund Name |
Expense Limit |
|
( h ) ( 2 ) |
ProShares Global Listed Private Equity ETF |
0.60% |
ProShares Inflation Expectations ETF |
0.30% |
ProShares Ultra Nasdaq Cloud Computing |
0.95% |
ProShares Ultra Nasdaq Cybersecurity |
0.95% |
Periods:
•For the period beginning on each Fund’s date of launch until the next September 30
•The first October 1 after each Fund’s launch until September 30 of the following year
Fund Name |
|
Expense Limit |
|
ProShares UltraShort Nasdaq Cloud Computing |
0.95% |
||
ProShares UltraShort Nasdaq Cybersecurity |
0.95% |
||
PROSHARE ADVISORS LLC |
PROSHARES TRUST |
||
A Maryland limited liability company |
a Delaware statutory trust |
||
By:/s/Michael L. Sapir |
By:/s/Todd B. Johnson |
||
Michael L. Sapir |
Todd B. Johnson |
||
Chief Executive Officer |
President |
|
|
Adopted: |
December 15, 2005 |
|
|
Amended: |
December 15, 2006 |
December 14, 2011 |
March 12, 2015 |
|
January 23, 2007 |
February 24, 2012 |
June 11, 2015 |
|
July 31, 2007 |
March 14, 2012 |
September 17, 2015 |
|
September 18, 2007 |
June 6, 2012 |
March 1, 2016 |
|
December 10, 2007 |
September 10, 2012 |
April 15, 2016 |
|
March 12, 2008 |
December 11, 2012 |
September 12, 2016 |
|
September 15, 2008 |
March 12, 2013 |
December 8, 2016 |
|
December 16, 2008 |
September 9, 2013 |
September 15, 2017 |
|
September 9, 2009 |
January 23, 2014 |
June 6, 2018 |
|
March 3, 2010 |
June 11, 2014 |
September 27, 2018 |
|
June 7, 2010 |
September 8, 2014 |
September 16, 2019 |
|
September 21, 2010 |
December 10, 2014 |
September 14, 2020 |
|
September 19, 2011 |
February 12, 2015 |
December 10, 2020 |
|
|
|
September 13, 2021 |
September 12, 2022
September 11, 2023
September 16, 2024